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and likely ally rand paul. mandatory minut minimum sentencs destroyed so many lives. in 2004 after he went to trial after turning down the plea bargain he faced 100 years in prison for marijuana a and gun charges he was convicted on three counts and one gun charge. >> he was onl on o obliged to se him to 50 years in jail. >> he has a longer term than three hijackings or three kidnappings or three raims. rap. >>. >> there is no question that he committed a crime and he should be punished. but 5 55 years? he will be in jail until he is 85 years old. >> in the court that day his eldest son anthony then seven 55 grease55years is more than you e lived so fare. so far you hav vur have you beee to grasp what that is i in your head. >> i just wonder if my dad will fer get ouever get out and if ie him before i'm 18. >> i'm sorry. >> it's okay. >> all of his appeals have been exhaustioned. thinks only hope of leaving prison before his 8 80th 80th birthday is clemency. >> a cause his sister is championing. even good people make mistakes i think his mistake cost him his life. tha
and likely ally rand paul. mandatory minut minimum sentencs destroyed so many lives. in 2004 after he went to trial after turning down the plea bargain he faced 100 years in prison for marijuana a and gun charges he was convicted on three counts and one gun charge. >> he was onl on o obliged to se him to 50 years in jail. >> he has a longer term than three hijackings or three kidnappings or three raims. rap. >>. >> there is no question that he committed a crime and he...
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. >> named after paul vol kerr, the former federal reserve chairman, the rule banned banks that take federally insured deposits from engaging in so called proprior tear trading. >> widely seen as the center piece of the wall street reform and consumer protection act, it has become contentious, because unlike glassed eagle it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling with how to distinguish those ben nine trades from ones that can harm a bank. >> those who favor a tough interpretation, point to the $6 billion trading loss jpmorgan chase incurred in the london whales scandal. whether the rule changes the excesses only time will tell. patricia, al jazeera, new york. >> a man we are about to talk to says the financial crisis of 2008 had nothing to do with proprior tear trading by banks and he says the rule and the to be frank act will not do enough to address the real issues. compensation risk taking on wall street. bill cone, who worked on wall street for 17 years and has written
. >> named after paul vol kerr, the former federal reserve chairman, the rule banned banks that take federally insured deposits from engaging in so called proprior tear trading. >> widely seen as the center piece of the wall street reform and consumer protection act, it has become contentious, because unlike glassed eagle it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling...
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Dec 8, 2013
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ryan giggs and paul scholes are considered two of the greatest footballers. the real thing about that, and they would say this is the unbelievable success they achieved is because they were a team, they played as a group. when you meet them it's unbelievable how down to earth they are, how little ego there is and how they genuinely are great friends who had been together since childhood , and they are humble and play as a team. it's the key to their phenomenal success. >> there is the sixth star, beckham. >> it's great to do a film where he was one of six. >> it was clear that he didn't want to be that way. he wanted to be part of the guys. how often do you see david beckham as one of a group. the ethos behind the prove. becks and co-are all about the communal goal, it was not about individual themes, it was about doing it as a team. that's what we show in the film that if you come together as a group of eyes, it's not possible. >> a film is not about the team or individuals, also about the community. it was a particular time, a golden age for manchester. >>
ryan giggs and paul scholes are considered two of the greatest footballers. the real thing about that, and they would say this is the unbelievable success they achieved is because they were a team, they played as a group. when you meet them it's unbelievable how down to earth they are, how little ego there is and how they genuinely are great friends who had been together since childhood , and they are humble and play as a team. it's the key to their phenomenal success. >> there is the...
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unless you're against paul ryan. there is some power politics in play at this moment as well. >> mike, you mentioned the white house not wanting to spend any political capitol on this. don't they have a reduced pile of capital at 1600-- >> not much left. by a lot of polls, he's in the same place as far as his approval rating was as president bush was in his second term. the only one with lower approval rating is congress. if you're the white house, and you've been burned with this process being associated with it in public so many times. congress is a curious animal. it has it's only buy ways and folk ways, and these deals get worked on behind the scenes. it's a mess. everyone is disgusted by it. if you're the president, and--here's another thing. you talk about a grand bargain. the president has suffered a great deal over the botched healthcare.com. part of his budget proposal reduce the cost of living increases social security, chain cpi. you don't hear him talking about that now. you don't see him pressing for tha
unless you're against paul ryan. there is some power politics in play at this moment as well. >> mike, you mentioned the white house not wanting to spend any political capitol on this. don't they have a reduced pile of capital at 1600-- >> not much left. by a lot of polls, he's in the same place as far as his approval rating was as president bush was in his second term. the only one with lower approval rating is congress. if you're the white house, and you've been burned with this...
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Dec 10, 2013
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. >> named after paul vole kerr, the former federal reserve chairman, it bans banks to take deposits from engaging in so called proprior tear trading. widely seen as the center piece of the dock frank wall street we form, the vole kerr rule has become contentious, because unlike glass seagull it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling with how to distinguish those ben nine trades from ones that can harm a bank. those who favor a tough interpretation, point to the six with dollars trading loss jpmorgan chase incurred in the london wails scandal. the rule is already having an impact on wall street. even just knowing it is coming most of the banks have gotten rid of their own trading. >> whether the rule tames the excesses, only time will tell. al jazeera, new york. >> critics arguing the rule will force banks to cut back on lending to small businesses hutting investment and job growth. concern about when the fed may start easing its monetary stimulus program, keeping stocks in
. >> named after paul vole kerr, the former federal reserve chairman, it bans banks to take deposits from engaging in so called proprior tear trading. widely seen as the center piece of the dock frank wall street we form, the vole kerr rule has become contentious, because unlike glass seagull it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling with how to distinguish those ben nine...
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Dec 5, 2013
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paul, appreciate it. let's be more on the weather in the west, now here is dave. >> yeah, the big issue here is this cold air that is pushed down from the north, and it is close to the surface, once you get further south. at first these temperatures -- these are the current readings, gusty winds but right about zero in north dakota, denver there the official reading at 7:00, further south, we get to 25 in oklahoma city, but just above freezing there in dallas. now this is cold air that is coming right at the surface. look at these two temperatures 20 and 50. that's a little different here, because it isn't the space between them. so obviously temperatures well above freezing. as you go up in the atmosphere. you are getting the temperature of 50, and it is falling into air, which aids 20 degrees right at the surface. they need to freeze it before it hits the ground. that's where you get the coating of ice. by tomorrow morning another wave of moisture moves in. this is just a big large area. of either sleet
paul, appreciate it. let's be more on the weather in the west, now here is dave. >> yeah, the big issue here is this cold air that is pushed down from the north, and it is close to the surface, once you get further south. at first these temperatures -- these are the current readings, gusty winds but right about zero in north dakota, denver there the official reading at 7:00, further south, we get to 25 in oklahoma city, but just above freezing there in dallas. now this is cold air that is...
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Dec 10, 2013
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the match up within the match up will be super star lebron james, veries budding super star paul george. despite playing april lancely enough to win the nba player of the week award twice in november, it was george who took home player of the month honors. george is only the second player not named lebron james in the last seven nba regular season months to win that award. james' heat haven't been so hot having gone 2 and 2 in their last four games after a 14-3 start. hurting the heat is their rebounding or lack thereof. the heat are among the bottom 5 teams in the league in the rebounding department. for their part, the pacers are one of the nba's better teams. while 14 of their first 19 this season came against teams below 500 at the time they were faced with a three game gauntless, against nba power houghses san antonio, oklahoma city, and the heat. they lost to oklahoma city. >> against a team as good as indiana you can't allow those points. well, we talks about indiana's prowess on the road, but home is where the winds have been. they have gotten off to a franchise record. roz, bac
the match up within the match up will be super star lebron james, veries budding super star paul george. despite playing april lancely enough to win the nba player of the week award twice in november, it was george who took home player of the month honors. george is only the second player not named lebron james in the last seven nba regular season months to win that award. james' heat haven't been so hot having gone 2 and 2 in their last four games after a 14-3 start. hurting the heat is their...
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Dec 10, 2013
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paul allen of microsoft, and penny pritzker who is a democratic fund-raising rain maker and billionaire in her own right. and there are big concerns about the crop insurance program. they say that is wasteful as well. you have tea party and fiscal conservatives who say it is too liberal, as well as liberals who say the cuts are so dire. >> mike, if this bill doesn't get done people with food stamps it seems are going to get hit hard and get hit hard right before the holidays. >> and it is lower-income americans who will bare the brunt of this. both of the versions cut the food stamp program. the senate does it much more lightly, the house much more substantially. they cannot agree -- and so what happens? you have -- you have people on both sides on the left and on the right who can'ting a -- can't agree. there is a watchdog groups who are very critical. let's listen to this. >> there are ore ways that the government ends up elevating the price of crops through price supports. there are price supports in the farm bill where the government is guaranteeing a certain price for each crop, so
paul allen of microsoft, and penny pritzker who is a democratic fund-raising rain maker and billionaire in her own right. and there are big concerns about the crop insurance program. they say that is wasteful as well. you have tea party and fiscal conservatives who say it is too liberal, as well as liberals who say the cuts are so dire. >> mike, if this bill doesn't get done people with food stamps it seems are going to get hit hard and get hit hard right before the holidays. >> and...
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Dec 9, 2013
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players patty murray a democrat were washington state, head of the budget committee and the senate, and paul ryan over in the house, they're working together to cook something up. we got insight from dick durbin and he referenced unemployment benefiting is the president wants to see rolled in a big deal. senate wants that, republicans don't. >> what i hear from patty murray, i spoke to her the other night. negotiations are making progress, moving in the right direction. they have not closed a deal but i hope as part of it the negotiators will take to part ht what the president had to say. >> reporter: wrapping unemployment benefits extension that run out in late december into this deal. the republicans are balking at that. they're trying to replace the sequester cuts, where they get the money to pay for those is the big sticking point. they're looking at user fees, that will be unveiled as the week goes on. no big shutdown news just yet. >> and the issue of plastic guns. it sounds like it's something new with 3d printers but this is old. >> reporter: that's right. since 1988 there has been a
players patty murray a democrat were washington state, head of the budget committee and the senate, and paul ryan over in the house, they're working together to cook something up. we got insight from dick durbin and he referenced unemployment benefiting is the president wants to see rolled in a big deal. senate wants that, republicans don't. >> what i hear from patty murray, i spoke to her the other night. negotiations are making progress, moving in the right direction. they have not...
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chris paul stole the show with his double-double. 25 points 13 assists the clippers winning here, 94-83. the world champion sebastian vettel has criticized new plans to aword double points at the final season, that decision is one of a number of new measures to be introduced. with three races of the season still left, believes the double points measure with best advantage, those driver whose worked hard to accumulate points throughout the year. the winner of next year's grand prix gets 50 points and not 25 -- had this plan been in place for the last few years they would not have claimed the championship, instead it would have been that man. would have been crowned world championship, some of the other new elements to be introduced is a global cost cap. the budget has to be defined and also be a new five second penalty for minor infringements and f-1 bosses approvement. to the 19th of this month. >> all of those big sport stories on our website aljazeera.com. swell how you can interact with our team using twitter and facebook. >> thank you very much, robin. thank you, more sports later
chris paul stole the show with his double-double. 25 points 13 assists the clippers winning here, 94-83. the world champion sebastian vettel has criticized new plans to aword double points at the final season, that decision is one of a number of new measures to be introduced. with three races of the season still left, believes the double points measure with best advantage, those driver whose worked hard to accumulate points throughout the year. the winner of next year's grand prix gets 50...
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the last gathering that even compares in size, scope, magnitude in pope john paul ii. the list of speakers is president obama, u.n. secretary-general ban ki-moon, and four of his grandchildren. >> there are a couple of people that lived parallel lives to nelson mandela. after the memorial service nelson mandela's body will lie in state in pretoria. he'll be buried in his home village of qunu, it's in the east of the country, close to the ocean. >> we have team coverage. al jazeera's ali velshi is outside the stadium, and allen schauffler is inside. we have special guest in studio was. >> we have an assistant professor of anthropology at columbia university and a professor of higher education at new york university. she is was appointed to a commission dear to nelson mandela. first to allen schauffler inside the stadium. one thing comes to mind looking at the atmosphere - i imagine this is a bittersweet day for south africans. >> i would doubt that. everybody i have spoken to said the bittersweet part spoke before. you should have seen the crowd boil through the gate. w
the last gathering that even compares in size, scope, magnitude in pope john paul ii. the list of speakers is president obama, u.n. secretary-general ban ki-moon, and four of his grandchildren. >> there are a couple of people that lived parallel lives to nelson mandela. after the memorial service nelson mandela's body will lie in state in pretoria. he'll be buried in his home village of qunu, it's in the east of the country, close to the ocean. >> we have team coverage. al jazeera's...
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two key players to come out and address the media, and patty murray democrat of washington state and paul ryan congressman of wisconsin, they're the two chairs of the budget committees. they've been the ones hammering out this deal. they've been going through meetings with their respective caucuses and debriefing people and we'll get the contours of what they're proposing. two-year budget deal. funding the federal government for two years. it would set new spending limits which would give the appropriators to go back, get to work and come up with new benefits with could, indeed, avoid another government shutdown. they're looking at curbing some of the sequestration cuts, another round coming due in january, and they're looking at airline fees, don't call them taxes. no one likes that word around here. but they'll be looking at user fee replacements. this is a small bargain, it is not a dig beal but it is something at the time when members of congress has not been able to come up with much. it is seen as a bit of a breakthrough. they're naming this bill the bipartisan budget act. that says
two key players to come out and address the media, and patty murray democrat of washington state and paul ryan congressman of wisconsin, they're the two chairs of the budget committees. they've been the ones hammering out this deal. they've been going through meetings with their respective caucuses and debriefing people and we'll get the contours of what they're proposing. two-year budget deal. funding the federal government for two years. it would set new spending limits which would give the...
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paul ryan chairman of the house and patty murray, one republican one democrat engaging in talks, don't expect them to come up with a big proposal but a modest proposal could keep the government funded and running past the next deadline we're watching, january 15th. that's the real one. this friday is fairly arbitrary. if they botch that, if they can't come to any agreement the sky doesn't fall. but it's the january 15th deadline they're trying to get ahead of. we are seeing that they are going to try to come up with sequester cuts, the question is how to pay for them. we're watching for something like user fees, perhaps cuts to federal worker workers benefits. issues that the members of the committee are trying to hammer out. stay tuned. >> talk about hammering things out, a budget isn't the only thing that congress is trying to hammer out. what else tops that agenda? >> it is a big agenda. harry reid laid it out for us this afternoon. >> we must address the issue of additional sanctions against iran, we must address the jobs conference report, medicare keeping doctors by adjusting phy
paul ryan chairman of the house and patty murray, one republican one democrat engaging in talks, don't expect them to come up with a big proposal but a modest proposal could keep the government funded and running past the next deadline we're watching, january 15th. that's the real one. this friday is fairly arbitrary. if they botch that, if they can't come to any agreement the sky doesn't fall. but it's the january 15th deadline they're trying to get ahead of. we are seeing that they are going...
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honored today and this global outpeg, which i can't remember seeing this since the death of pope john paul ii perhaps. you count the word leaders, more than 50 are there. help us understand why this outpouring. was it simply his life, his personality? what was it about nelson mandela? >> do you want to take that, or should i go ahead? >> go ahead. >> it's not just the fact that many of the people themselves were politically active in the apartheid struggle. i think the international struggle pulled in people. i think many are there because they had this experience are being politicized by the anti apartheid struggle. many leaders, heads of state are there because they also have some kind of relationship with south africa, historical relationship. i saw the foamer president of britain you wouldn't expect to show up, but they feel they have a special relationship with south africa. there's a kind of moral pressure for people to be there, because it's one of those moments at which you can't quarrel with the morality. >> we were talking about how the end of the cold war is really why we're all
honored today and this global outpeg, which i can't remember seeing this since the death of pope john paul ii perhaps. you count the word leaders, more than 50 are there. help us understand why this outpouring. was it simply his life, his personality? what was it about nelson mandela? >> do you want to take that, or should i go ahead? >> go ahead. >> it's not just the fact that many of the people themselves were politically active in the apartheid struggle. i think the...
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you saw a clip from rand paul. there is a fundamental belief on their part that unemployment n cripples workers. i would argue that nobody enjoys being unemployed and when jobs are available, people have an incentive to get them and there's no real economic correlation between up employment insurance and long term unemployment. it's more a correlation between demand growth. >> is there a disconnect, in your opinion with the republicans on the issue of the unemployment benefits that perhaps is a generational thing, seeing the benefits as something that benefits those who don't want to work versus those who lost jobs in the economic meltdown and can't work? >> well, i don't know filled call is a generational disconnect, because i don't know if it correlates to the age of a member of congress or their con sit with went. i think there is a philosophical disconnect. when we talk about issues like raise in the minimum wage, which so clearly would address the growing disparity between rich and poor in this country, it's s
you saw a clip from rand paul. there is a fundamental belief on their part that unemployment n cripples workers. i would argue that nobody enjoys being unemployed and when jobs are available, people have an incentive to get them and there's no real economic correlation between up employment insurance and long term unemployment. it's more a correlation between demand growth. >> is there a disconnect, in your opinion with the republicans on the issue of the unemployment benefits that...
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joining us live from denver, with a look at what is being done to protect them, and paul, what can you tell us? >> well, stephanie, here in denver, it is a clear beautiful day, but bitter cold. it is really only about five degrees now after hitting a record low of 13 below last night. there's no end in sight tonight is expect tock get out of the teens until monday, and not above freezing maybe tuesday when we may see a temperature in the mid 30's. it is difficult for everybody, a lot community like so many american cities right behind me is the denver rescue mission it is one of the largest homeless service providers and they have been running at capacity last night they slept 315 people in that building. that means they put down mats in their chapels in their hallways and used every bed they had, they also had another 150 people and another facility a little further from downtown when we heard from other homeless organizations that they are also running. so the cold and inconvenience for some, but life threatening for others here being service bedty homeless organizations. >> thank go
joining us live from denver, with a look at what is being done to protect them, and paul, what can you tell us? >> well, stephanie, here in denver, it is a clear beautiful day, but bitter cold. it is really only about five degrees now after hitting a record low of 13 below last night. there's no end in sight tonight is expect tock get out of the teens until monday, and not above freezing maybe tuesday when we may see a temperature in the mid 30's. it is difficult for everybody, a lot...
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patty murray, and paul ryan. of course the vice presidential candidate last year. and they're trying to figure out a budget, they have to make their presentation to congress. and then they're trying everything they can to avoid another government shoulddown and there is hope that it leads to some compromise can be reached. >> libby if congress is not able to get to the farm bill and some of these other important measures, are stop-gap measures the way to go? >> some things could be dealt with retrotively. things relating to the tax code they will come back and take care of them as the year gets started but that's why people are calling things like the dairy cliff an important issue. $7 for a gallon of milk is something that americans will not be happy with and they are hope that they will come some sort of bills. >> congress is under fire, for not being very productive in the last year. >> reporter: that's right. it's being called the do-nothing congress from many quarters because of the small number of actual laws that they have been able to pass. we saw them push
patty murray, and paul ryan. of course the vice presidential candidate last year. and they're trying to figure out a budget, they have to make their presentation to congress. and then they're trying everything they can to avoid another government shoulddown and there is hope that it leads to some compromise can be reached. >> libby if congress is not able to get to the farm bill and some of these other important measures, are stop-gap measures the way to go? >> some things could be...
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. >> the two most important people at the table are congressman paul ryan and democratic senator patty murray of washington state. >> we're going to find the common ground between our two budgets that we can both vote on and that's our goal. >> no steps forward means no relief from sequester cuts with more on the way. and senate republican leaders don't son concerned. >> i think it's a bad idea to revisit a law that is actually working and reducing spending for the government. >> not all republicans are at peace with it. congressman howell rogers of kentucky chairs the appropriations committee and says the current cuts and the next round are gruesome. >> a $20 billion cut to the military above and beyond what they already sustained. that would be very, very severe. >> reporter: congressman moran questions the real incentive for getting a deal done. >> we could fix the budget situation in a bipartisan way won hours, but the leadership doesn't want that done. they don't want to make deals. >> during back the sequester and preventing another government shut down would required them workin
. >> the two most important people at the table are congressman paul ryan and democratic senator patty murray of washington state. >> we're going to find the common ground between our two budgets that we can both vote on and that's our goal. >> no steps forward means no relief from sequester cuts with more on the way. and senate republican leaders don't son concerned. >> i think it's a bad idea to revisit a law that is actually working and reducing spending for the...
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after a second day of talks, paul joins us. >> n.a.t.o. officials meet with afghan's foreign minister. could we be closer to a signature. >> i think the principal you have to think of when you talk about these meetings, is like an apple press. you tighten the pressure in the hope that the juice flows. there's a blockage in the pipeline. it is hamid karzai. he's not willing to sign the bilateral agreement. even john kerry will not speculate as to why he will not sign it. hamid karzai at the moment says no. susan rice went to kabul, he said no. as john kerry says on tuesday here in brussels, there are some 50 nations who are part of the effort to stablilize afghanistan. they have budgetary cycles, planning cycles, and you don't turn off military cycles like this. there has to be planning involved. n.a.t.o. says it needs the signature before the end of the year. n.a.t.o. officials said any signature will do. hamid karzai says he will not sign it until next year. could it strain relations with president hamid karzai. >> i think it already it.
after a second day of talks, paul joins us. >> n.a.t.o. officials meet with afghan's foreign minister. could we be closer to a signature. >> i think the principal you have to think of when you talk about these meetings, is like an apple press. you tighten the pressure in the hope that the juice flows. there's a blockage in the pipeline. it is hamid karzai. he's not willing to sign the bilateral agreement. even john kerry will not speculate as to why he will not sign it. hamid karzai...
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house republican paul ryan and senate democrats are working on a plan. if they can get it done, it could help the government avoid a shut down for the next few years. we have more from washington. >> i'm glad to be here. >> the 29 members of congress who sit on the budget conference committee have nine more days to come up with a fiscal plan they can sell to their colleagues. december 13 is the last day both the house and senate are scheduled to be in session this year. that's d-day for the budget conference. don't expect to it accomplish major savings and reform. >> i don't expect a grand bargain. i don't expect a medium bargain. that i expect a mini bargain. >> both sides want to avoid a looming deadline january 15, which is when a government shut down would be triggered unless congress reaches a deal. many hope to face the spending cuts known as sequestration. >> the sequester was designed to be the worst of all possible fiscal policies, so oh unacceptable that both political parties would run away from it and come to some better agreement. >> congres
house republican paul ryan and senate democrats are working on a plan. if they can get it done, it could help the government avoid a shut down for the next few years. we have more from washington. >> i'm glad to be here. >> the 29 members of congress who sit on the budget conference committee have nine more days to come up with a fiscal plan they can sell to their colleagues. december 13 is the last day both the house and senate are scheduled to be in session this year. that's d-day...
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. >> people like paul jacobs and chris kelly. >> this ownership group has the most patents. we might not have the most wins, but we have the most patents. >> chris mullin is his personal advisor. >> you have to have a lot of money to buy them. a lot of these guys are successful. they have money and they have passion. >> the kings pose a tough business problem. only 8 winning seasons. last season's attendance was the lowest in the league. one of the biggest tech titans of all tried to swoop in and buy the kings and move the team to seattle. but a group partnered with the city of sacramento and came up with a clever real estate deal to help keep the team in california. >> i came to california with no money. everything i have i owe to the state of california. >> they make analytic software to help companies like delta airlines understand their data. >> i created a mission, you want to build a winning franchise and make the world a better place. >> it is a shot a dream team or can think. >> just what i do for my software business, integrity, hard work, openness. i have got a vis
. >> people like paul jacobs and chris kelly. >> this ownership group has the most patents. we might not have the most wins, but we have the most patents. >> chris mullin is his personal advisor. >> you have to have a lot of money to buy them. a lot of these guys are successful. they have money and they have passion. >> the kings pose a tough business problem. only 8 winning seasons. last season's attendance was the lowest in the league. one of the biggest tech...
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a supporter paul volcker, but i think he is really off that balance of this one. they will figure out a way to get around it. there's too much money to be made. two, the problem was not proprietary trading. this was not about her prior terry trading. we are honest, the fact of the matter is goldman sachs saved itself as a firm by putting on a $4 billion proprietary trade. forget the hedge part. it was a proprietary trade against the mortgage market in december 2006. the firm made $4 billion on one trait alone, made $17 billion pretax profit in 2007 when everyone else was going down the tubes. they save themselves. >> we are going to live with the volcker rule. how should we amend it to make it a value? it, tom, move it to the wastebasket, and drop it in. >> the first thing that regulators need to do is rename the volcker rule the diamond rule because that is the only part of the statute, this regulation, that has any teeth, the hedging part. the idea of tying every risk to every trade will surely throw compliance offices around the country in these banking divisio
a supporter paul volcker, but i think he is really off that balance of this one. they will figure out a way to get around it. there's too much money to be made. two, the problem was not proprietary trading. this was not about her prior terry trading. we are honest, the fact of the matter is goldman sachs saved itself as a firm by putting on a $4 billion proprietary trade. forget the hedge part. it was a proprietary trade against the mortgage market in december 2006. the firm made $4 billion on...
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the gop budget guru paul ryan and the senate budget committee chairman are leading the talks. class i am hopeful paul ryan and patty murray will come to a budget agreement and that they can pass both isles in the senate. -- gave us an update on where they were and i am hopeful they will be able to work this out. there is clearly no agreement. click the clock is ticking. there is still much work to be done. time is running out on a budget agreement. we understand negotiations are we alsong and understand there is no final deal. qwest paul ryan says he does not know if they can reach a deal by friday but does they are working on it. what they are working on is a narrow word he'll, trying to ease sequestration. in case a budget deal is not reached him a lawmakers came up with a short-term bill to fund the government, which runs out of money yet again on january 15th. matt out joined the surveillance team this morning. ultimately put agreement together that is a short-term agreement. to me, we will not get out of the political mess until 2016. we are in a situation where the presi
the gop budget guru paul ryan and the senate budget committee chairman are leading the talks. class i am hopeful paul ryan and patty murray will come to a budget agreement and that they can pass both isles in the senate. -- gave us an update on where they were and i am hopeful they will be able to work this out. there is clearly no agreement. click the clock is ticking. there is still much work to be done. time is running out on a budget agreement. we understand negotiations are we alsong and...
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paul, it is always good to have you on the broadcast. thank you for your time tonight. >> thank you. >> when bottom line continues, encore, your guide to the biggest newsmakers of the week. we'll be right back. ♪ 3, two, one. >> president obama and the first family throwing the switch, lighting be national christmas tree. it bade it in light. the president then later singled -- mandela,andel a the beloved seven everton leader. he said, he blessed us with tremendous grace and courage. we are all privileged to live in a world touched by his goodness. the national christmas tree, it was lit tonight in washington. you encore. the most notable newsmakers from the past week, on bottom line. >> we are a long way from seeing successful logging in, making counts, getting the right information to the insurers, getting something appropriate. it would be premature for anyone to declare bakery. a lot of this is not functional. 40% of it needs to be crated from scratch. insurers are worried about their ability to get the right information. consumers
paul, it is always good to have you on the broadcast. thank you for your time tonight. >> thank you. >> when bottom line continues, encore, your guide to the biggest newsmakers of the week. we'll be right back. ♪ 3, two, one. >> president obama and the first family throwing the switch, lighting be national christmas tree. it bade it in light. the president then later singled -- mandela,andel a the beloved seven everton leader. he said, he blessed us with tremendous grace and...
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. >> paul sweeney. >> 6:40 a.m. london. a small croatian town is cashing for hbo'sg a backdrop smash hit "game of thrones." fans are traveling there and boosting the local economy. is a city nestled against the adriatic sea. it has been a hit with tv crews and tourist. the medieval time -- medieval town features and the last season of "game of thrones congo thrones,"f and now they are trying to cash in. $75, she runs a tour and draws crowds from across the globe. a lot of people from australia and america, especially younger people who know about the show new the city through that. that sort of introduces them and they want to come here to see where it was filmed. is in thetory middle ages when it was an important trading hub. and damaged by yugoslav troops during the war of independence. now it was to restore its place on the global tourist map. they are hoping that the show will help spread the word. >> sticking with the film references, t rivet -- tv references, if you thought the invisibility cloak was finished with "ha
. >> paul sweeney. >> 6:40 a.m. london. a small croatian town is cashing for hbo'sg a backdrop smash hit "game of thrones." fans are traveling there and boosting the local economy. is a city nestled against the adriatic sea. it has been a hit with tv crews and tourist. the medieval time -- medieval town features and the last season of "game of thrones congo thrones,"f and now they are trying to cash in. $75, she runs a tour and draws crowds from across the globe....
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with me now, paul, great to see you. x it is christmas in new york. >> that's right. -- >> it's christmas in new york. >> that's right. in the new year, what are your clients telling you? >> i'm feeling pretty good. it has been a good investment year. 100 25%.p up >> people are feeling good but they are cautiously optimistic. people are not overjoyed. as we look at numbers on asset allocation, we see people take money from fixed income. much of it is not going back into the market. a lot of it is going into cash. what the u.s. household net worth actually rose in the third quarter. in theory -- and i know you're dealing with high net worth individuals. in theory people should be feeling very good. you told me there are not the exact same levels of confidence you have seen in the past. >> definitely not. if you think about household net worth going to the highest ever recorded, people were feeling flush. our view is it is going to be a good christmas season but investors over main cautiously the >> what do they want when
with me now, paul, great to see you. x it is christmas in new york. >> that's right. -- >> it's christmas in new york. >> that's right. in the new year, what are your clients telling you? >> i'm feeling pretty good. it has been a good investment year. 100 25%.p up >> people are feeling good but they are cautiously optimistic. people are not overjoyed. as we look at numbers on asset allocation, we see people take money from fixed income. much of it is not going back...
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top hole on the street and that is not what the public is expecting from regulators in 2013. >> paul volcker, the rule bears his name, says the spirit of wall street is what he is trying to change with this rule. five years from now, what will this culture really look like? >> that absolutely remains to be seen. one of the most interesting parts of the rule will be how ceos adapt to it. they have a role in making sure that there programs are compliant. a lot of people like myself that hoped that it would go even farther. as they said, the rules are necessarily a bit vague. that is why i hope that we see ceos taking the spirit of the rule on board. >> what about reinstating glass- steagall, then? >> if the volker rule is not seen as strong enough, not enforced strongly by regulators, i think you will see even more growing support from republicans and democrats on the hill for that, and i understand that, but the most important thing right now is making sure that we understand the rule and making sure that regulators can enforce it. >> jennifer, richard, we have to leave it there. than
top hole on the street and that is not what the public is expecting from regulators in 2013. >> paul volcker, the rule bears his name, says the spirit of wall street is what he is trying to change with this rule. five years from now, what will this culture really look like? >> that absolutely remains to be seen. one of the most interesting parts of the rule will be how ceos adapt to it. they have a role in making sure that there programs are compliant. a lot of people like myself...
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the easy conclusion to jump to is that paul ryan has to get the tea party on board. patty murray has her work cut out for her. >> she does. it is notable that paul ryan met with the study committee yesterday. -- heed to bring with him will get most of the republican congress. democrats here are not happy about some aspects. federal workers are at big issue. unemployment is a big issue. will they get those votes. at the end of the day, the sense i get is that they will get a deal. it could be announced next week. >> thank you so much for joining us. peter cook, our chief washington correspondent. back, at&t jumps on the no contract bandwagon. all you need is to own your own mobilephone. that is next. you are watching bloomberg tv. we are streaming live on your phone, tablet, and bloomberg.com. ♪ >> you are watching "market makers." a new ceo takes over at time warner cable next month. he has worked his way up to chief operating officer. decision may be to sell time warner cable and find his way out of a job. unless his current job doesn't first. rob gave us the next
the easy conclusion to jump to is that paul ryan has to get the tea party on board. patty murray has her work cut out for her. >> she does. it is notable that paul ryan met with the study committee yesterday. -- heed to bring with him will get most of the republican congress. democrats here are not happy about some aspects. federal workers are at big issue. unemployment is a big issue. will they get those votes. at the end of the day, the sense i get is that they will get a deal. it could...
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paul's point to the national vote which must be held by may. let's have a look at the prospects of the trading week over there and what happened on friday as well. it was higher by about 0.3%. we could be building on that. a group of investors is said to be considering a bid for the qantas fleet. that would offer the struggling carrier a cash lifeline. let's find out more. is this proposal exactly? i am assuming it is going to be -- >> exactly. these are fairly common transactions in the airline industry. qantas already has a fair amount of its fleet sold, about 2.9 billion according to its latest reports. there is another 7.2 billion there. wooleyoup led by greg has been involved with qantas for a while. been in globally aviation asset management. he was involved with some of the group who was launching the 2007 takeover of qantas. .e has proposed to come forward that would offer qantas a good bit of cash upfront which is going to be helpful after their credit rating was cut to junk i s&p last week. the problem would be their leasing cost woul
paul's point to the national vote which must be held by may. let's have a look at the prospects of the trading week over there and what happened on friday as well. it was higher by about 0.3%. we could be building on that. a group of investors is said to be considering a bid for the qantas fleet. that would offer the struggling carrier a cash lifeline. let's find out more. is this proposal exactly? i am assuming it is going to be -- >> exactly. these are fairly common transactions in the...
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this was first conceived by paul volcker to reduce the risk in the financial system. not going to be late -- be relieved by what they see but they will at least get certainty and target to shoot for. do not be surprised if this ends up in court. a band for proprietary trading. keep the things from being able to invest in private equity firms and hedge funds. there are specific hedge funds -- it specific rules in this. have these all been made? do you expect once it is approved by the regulators that there will be more changes on wall street? >> i think they will have to read the fine print. a lot of them have already moved out of the hedge funds and private equity investments. that aspect of the role was pretty clear. there was questions about how much of the market making could and 10 you. they will read the fine print as they can do more of the business because it abides by the business or maybe it is right on the edge and is a skill that. it is a significant amount of money. the top five ranks in the country came from the mark it principal business. we have seen an
this was first conceived by paul volcker to reduce the risk in the financial system. not going to be late -- be relieved by what they see but they will at least get certainty and target to shoot for. do not be surprised if this ends up in court. a band for proprietary trading. keep the things from being able to invest in private equity firms and hedge funds. there are specific hedge funds -- it specific rules in this. have these all been made? do you expect once it is approved by the regulators...
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we know a house budget chairman, paul ryan budget leader, expected to be added this weekend. if they can get to a deal, that would avoid another government shutdown january 15. it would likely be a small and -- smaller deal. it could be a small as $35 billion. it would head off another round of automatic such cuts known as the sequester. we have artie got some groups fighting this and that includes airlines and federal employees. it includes raising the fees by airline passengers. it also changes federal thatement programs contribute more. congressional leaders yesterday stressed a timeline. a self-imposed headline next week. cave -- gave us an update on where they were. i am hopeful they will be able to work this out. there is clearly no agreement. on ame is running out budget agreement. we understand negotiations are continuing, but we also understand there is no final deal. >> house speaker jon banner -- t present plan to keep >> thank you. megan hughes in washington. moving and shaking this hour, warren buffett, a new study says he is not just a great investor, but is the
we know a house budget chairman, paul ryan budget leader, expected to be added this weekend. if they can get to a deal, that would avoid another government shutdown january 15. it would likely be a small and -- smaller deal. it could be a small as $35 billion. it would head off another round of automatic such cuts known as the sequester. we have artie got some groups fighting this and that includes airlines and federal employees. it includes raising the fees by airline passengers. it also...
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paul ryan and patty murray will chair the house and senate budget committees, they're working hard to reach a long-term agreement. get that short-term, medium-term, long-term? our correspondent is in charge of terms. peter, i'm budget conferenced worn out. what's different this time? >> tom, i hate to deliver this bad news but on your birthday you will not be getting a grand bargain. the two of them continue their communications over the weekend. they're going to reach by all accounts, they're close to this smaller deal which will effectively replace the sequester cuts over the next two years, cap spending, replace those cuts with other sources of revenue, other fees, things like that. but no mage deer sigses here on taxes or entitlement programs. they're kicking the can down the road. dick doiben the number two senate democrat said negotiations are going in the right direction. >> negotiations are making progress moving in the right direction. they haven't closed the deal. >> they haven't closed the deal. what's needed to close the deal? >> there's some issues out there, sticking poi
paul ryan and patty murray will chair the house and senate budget committees, they're working hard to reach a long-term agreement. get that short-term, medium-term, long-term? our correspondent is in charge of terms. peter, i'm budget conferenced worn out. what's different this time? >> tom, i hate to deliver this bad news but on your birthday you will not be getting a grand bargain. the two of them continue their communications over the weekend. they're going to reach by all accounts,...
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most of this criticism to paul ryan of wisconsin -- if you make a model, make it a model that can work out. we have not seen that. we have not seen the view forward on paper. of your favorite topics, bitcoin. matt miller is in the process of acquiring bitcoin at this very moment. matt, i want to see this going down. >> i'm a little concerned about having to hand someone $800 in actual money for one bitcoin. we will see how it works out. that may be enough money for a down payment or at least a and theon a fiat 500 italian company hopes to sell a lot more of those, especially in new york. they have a plan to go upscale, upmarket and bring the production for a lot of cars back to italy. in order to do that, he wants to sell more maseratis. he wants to sell more of those fiat 500s and he is going to bring all of the productions and to italy. it will put the luxury stamp. sell jeep grand cherokee's that are made in italy. this is a big $12 billion plan. he will invest 9 billion euros. 4c,s going to build the which he has totally redesigned. he will build a maserati suv. that is a big marke
most of this criticism to paul ryan of wisconsin -- if you make a model, make it a model that can work out. we have not seen that. we have not seen the view forward on paper. of your favorite topics, bitcoin. matt miller is in the process of acquiring bitcoin at this very moment. matt, i want to see this going down. >> i'm a little concerned about having to hand someone $800 in actual money for one bitcoin. we will see how it works out. that may be enough money for a down payment or at...
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openedpointless, when i the restaurant, it was myself and the paul washer. no money whatsoever. hours a week 120 for the first eight or nine years. schoola modern business approach. if you need something, buy it, pay for it afterwards. money.ever driven by i just wanted to cut. , we had eight staff in the kitchen, 25 staff in total, and then -- it was so risky, that i am going to make sure that i built something to protect. you have to look into things, allowing your team to grow if you have good talent and the other thing is, the duck is my baby. >> now that you have a successful tv series, at the same time you have the range .ith -- they all of the money that comes in, we have the contract, the book is continual. the tv shows are in production. we also have a deal with cole's. we have a restaurant and a whole new concept next year. there is vision express stuff. i am involved in signing everything. >> how much control do you actually have? about a michelin star chef in the u.k. but did not understand how his name or brand was being used. he was signing up to be this that and t
openedpointless, when i the restaurant, it was myself and the paul washer. no money whatsoever. hours a week 120 for the first eight or nine years. schoola modern business approach. if you need something, buy it, pay for it afterwards. money.ever driven by i just wanted to cut. , we had eight staff in the kitchen, 25 staff in total, and then -- it was so risky, that i am going to make sure that i built something to protect. you have to look into things, allowing your team to grow if you have...
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paul volcker said his goal was to change the culture of wall street. in the volcker rule this time around it does tie compensation to risky trading. that doesn't go far enough? compensation and incentives are completely different from what you are allowed to do every day. this volcker rule, the dodd- frank law, none of that changes the way people on wall street are compensated and what they are rewarded to do. which is to take big risks with other people's -- >> it incentivizes risky trading, that was the goal. >> fine. once again, scarlet, the problem over the years with a wall street has not been proprietary ording or private equity investing in other people's hedge funds. the problem has been creating products that they think will make the world a better and then selling the heck out of them until problems occur. carney from a bank if we get the bad outcome you think we get, is it nothing more than a trading and derivatives migration of jobs over to london or over to zÜrich and for that matter, over to tokyo? >> they're very well could be some of t
paul volcker said his goal was to change the culture of wall street. in the volcker rule this time around it does tie compensation to risky trading. that doesn't go far enough? compensation and incentives are completely different from what you are allowed to do every day. this volcker rule, the dodd- frank law, none of that changes the way people on wall street are compensated and what they are rewarded to do. which is to take big risks with other people's -- >> it incentivizes risky...
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i'll give you the last word. >> paul ryan doesn't have to make a deal. but i think it's worth exploring it. if you can get less spending overall and save better defense policy, why not? it's worth looking into. >> but he has the cards. he holds the trump cards. >> absolutely. yeah. the default is a good outcome. >> right. >> can he improve on it, maybe. he doesn't have to. >> we have to jump. thank you very much. appreciate it. rest of our panel has much more work to do now. how about that rally on wall street today? well, maybe, just maybe those trade earns finally decided to take good news as good news. we'll talk about your money with our expert investors next up. please stay with us. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with s
i'll give you the last word. >> paul ryan doesn't have to make a deal. but i think it's worth exploring it. if you can get less spending overall and save better defense policy, why not? it's worth looking into. >> but he has the cards. he holds the trump cards. >> absolutely. yeah. the default is a good outcome. >> right. >> can he improve on it, maybe. he doesn't have to. >> we have to jump. thank you very much. appreciate it. rest of our panel has much more...
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health care costs because after all, that's the real problem here, and what the president did was what paul ryan's budget actually called for. now the republicans are critical for it. >> right. just to end this thing, look -- >> you're with me on this, right, larry? >> i think your hypothesis is right. i don't think at the end of the day they are going to take the $700 billion out of medicare. that's number one. number two, to emily's point, a lot of that is coming out of medicare advantage, which is popular. so i think this is part of the financing mystery of how obama care is going to wind up being paid for. now, we don't have time -- >> it's going to wind up being paid for by the taxpayers. >> they may have to come back for more. that's another segment. i appreciate both of you making those points. steve mcmahan, emily miller, thank you. >>> this is the moment you have all been waiting for. it's the first ever "kudlow report" youth summit. holy cow. four young college students, four, count them, are about to join me on the set live. they will talk about why young people are turning on ob
health care costs because after all, that's the real problem here, and what the president did was what paul ryan's budget actually called for. now the republicans are critical for it. >> right. just to end this thing, look -- >> you're with me on this, right, larry? >> i think your hypothesis is right. i don't think at the end of the day they are going to take the $700 billion out of medicare. that's number one. number two, to emily's point, a lot of that is coming out of...
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patti murray and paul ryan are scheduled to meet with the goal of finalizing an agreement. they've been discussion a small plan to raise federal spending levels to around $1 trillion for the next two years and replace sequester budget cuts. if that deal is reached, specifics could be given to democratic and republican lawmakers. the u.s. has taken a bit of a breather. the federal reserve bank of st. louis, president james bullard says positive trends in job markets make cuts more likely and jeff lacker, the president of the federal reserve bank of richmond says he expects a tapering discussion at next week's fomc meeting. do they go next week, kevin? >> there's a much higher possibility now after the payrolls numbers we saw last week. and i think the comments by bullard are interesting. the fact that he's now coming out and saying a small tape ner december or the smart of a taper -- >> 5 billion? 7 billion? >> yeah, probably. it's showing the hand, showing that they are determined to start -- >> are there any risks in going next week? >> yeah. markets this time of year are
patti murray and paul ryan are scheduled to meet with the goal of finalizing an agreement. they've been discussion a small plan to raise federal spending levels to around $1 trillion for the next two years and replace sequester budget cuts. if that deal is reached, specifics could be given to democratic and republican lawmakers. the u.s. has taken a bit of a breather. the federal reserve bank of st. louis, president james bullard says positive trends in job markets make cuts more likely and...
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paul ryan's position was, first of all, paul ryan is the only person in congress and the republicans endorse his position who has actually written down a budget. you let him get away with seeing, the president had a budget. really, can we see it written down? is it in legislative form? no, it's not. it's in talking points and the only numbers are the page numbers. it would be nice if the president would put some effort into putting together a budget that does all the things hoyer talked about or hoyer could do it. paul ryan's budget actually fixes the entitlements, fixes the welfare programs, the means tested welfare programs, 185 of them around the country so that we remain at 20% of gdp eaten by the government not drift up to 40% which is what happens if nothing is done. the ryan plan's been voted on by every single republican, house, and senate. there is a plan written down to do the long-term reforms you're talking about. >> what about the specifics of the deal? what we've heard so far are additional fees that would be raised by putting fees on airlines. would you be okay with so
paul ryan's position was, first of all, paul ryan is the only person in congress and the republicans endorse his position who has actually written down a budget. you let him get away with seeing, the president had a budget. really, can we see it written down? is it in legislative form? no, it's not. it's in talking points and the only numbers are the page numbers. it would be nice if the president would put some effort into putting together a budget that does all the things hoyer talked about...
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and we're going to talk a lot about it today, but did you see patti moistuurray and paul ryan the way i look at it, they're on the football field, they brought the can out, and you know those things they set it in when they go to kick off? they've got it sitting there. >> it's not lucy with her finger on the ball, is it? >> you don't know. it could come as early as next week if it doesn't get messed up. >> that is a great headline. >> they're clearly kicking it past the next election. any open government for two years where we're actually have a budget is like nirvana for us now. it's like the promise land, government open for two years, no promises, doing nothing with intiethsmentes, nothing with tax reform, nothing with -- just paying for some, you know, trying to lessi inen the effect sequestration. >> look at the different points on the board. at this point in the game, we'll take that, right? >> and then the other thing that i just wanted to mention in following up on our conversations is what's going on in china? my man. my man. for the democratic party, i'm with biden. did you
and we're going to talk a lot about it today, but did you see patti moistuurray and paul ryan the way i look at it, they're on the football field, they brought the can out, and you know those things they set it in when they go to kick off? they've got it sitting there. >> it's not lucy with her finger on the ball, is it? >> you don't know. it could come as early as next week if it doesn't get messed up. >> that is a great headline. >> they're clearly kicking it past the...
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this has been patti murray and paul ryan. our democratic -- haven't been part of the discussion. so in terms of getting a sense of whether there's a deal brewing that can pass both houses, we don't have enough information at this point to know. all we know is they are moving closer and closer together. >> congressman, can you explain to us all exactly what is happening here and what is at stake? we've got $90 billion of automatic spending cuts that kick in next year and to do the deal over two years, they need to agree 180, maybe 200 billion of spending cuts to negate that. the information -- and you will know this better than i -- is that they are going for a much smaller deal, maybe 40 or 50 billion. congressman, if they do a 40 or 50 dollar bill, does that neutralize what is at stake? >> that is what's at stake and that's what i know patti murray and paul ryan are trying to do is basically negate the -- across the board cuts with the see zest ragz, which will be deaf state to go our military next year and it's already been devastating to many of our domestic spending initiativ
this has been patti murray and paul ryan. our democratic -- haven't been part of the discussion. so in terms of getting a sense of whether there's a deal brewing that can pass both houses, we don't have enough information at this point to know. all we know is they are moving closer and closer together. >> congressman, can you explain to us all exactly what is happening here and what is at stake? we've got $90 billion of automatic spending cuts that kick in next year and to do the deal...
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Dec 8, 2013
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appreciate that. >> a heart felt good-bye to actor paul walker. those who adorn them and his talents today we'll take you there. d" life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for unreliable companies. angie's list definitely saves me time and money. for over 18 years we've helped people take care of the things that matter most. join today. ♪ ♪ where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> police say a pennsylvania couple confessed plotted and killed a man just because they wanted to. they a
appreciate that. >> a heart felt good-bye to actor paul walker. those who adorn them and his talents today we'll take you there. d" life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for...
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Dec 9, 2013
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here's senator rand paul over the weekend. this guy would make scrooge very proud. >> you're causing them to become this part of perpetual unemployed group in our economy. while it seems good, it does a disselfto the people you're trying to help. >> uh, no. welcome to the real world, senator, where there are still three job applicants for every one job out there, cutting the lifeline for active job seekers there not magically create, but it will put -- cutting unemployment benefits? that is a five ho ho ho, newt gingrich. first, let me say i believe there are things we could do to dramatically improve the impact. to actually prepare people for getting to work and versus a better job in the future. but took in the crossfire, weapon hawaii's democratic governor, neil abercrombie, and tim pawlenty, in a different life another colleague of mine. we're delighted to have both of you here this evening. governor, economists like larry summers, who was an adviser both to president obama and before that to president clinton have conclud
here's senator rand paul over the weekend. this guy would make scrooge very proud. >> you're causing them to become this part of perpetual unemployed group in our economy. while it seems good, it does a disselfto the people you're trying to help. >> uh, no. welcome to the real world, senator, where there are still three job applicants for every one job out there, cutting the lifeline for active job seekers there not magically create, but it will put -- cutting unemployment benefits?...
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Dec 7, 2013
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. >>> actor paul walker is mourned by millions of fans but one california couple, well, he holds a really special place in their hearts. kyle and kristen uphound were engaged in 2004. kyle was just back from a tour in iraq and about to head back for another one when the couple decided to go ring shopping. kyle wanted to do it up right but the money just wasn't there. >> we started looking at rings and what not. and he kept wanting me to go bigger and i kept saying, no, look at the prices. >> well, there was another shopper in that store with them and then they all struck up a conversation. >> when he found out kyle just came back from iraq, just i remember seeing the look in his face. it kind of transformed. >> so the mystery man, paul walker, kyle and kristen left the jewelry store empty handed. but before they got too far a clerk called them back. >> one of the ladies came out holding a bag and just simply said, here's your ring. and i -- i think both of our mouths dropped. still to this day the most generous thing everyone has ever done for me. >> and the ring, $9,000. the clerk kept w
. >>> actor paul walker is mourned by millions of fans but one california couple, well, he holds a really special place in their hearts. kyle and kristen uphound were engaged in 2004. kyle was just back from a tour in iraq and about to head back for another one when the couple decided to go ring shopping. kyle wanted to do it up right but the money just wasn't there. >> we started looking at rings and what not. and he kept wanting me to go bigger and i kept saying, no, look at...
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Dec 8, 2013
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many people saying how much of a genuine person that they felt paul walker was. one man behind me talking about their favorite cars. this memorial keeps continuing to grow, fred. >> it does in deed. >> sorry missed there. >> thank you. >> all right coming up. newly wed couple charged in a brutal murder. they plotted and killed the man just for the thrill of it? >> we uncover the deadly scheme. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. ♪ ♪ i wanna spread a little love this year ♪ [ male announcer ] this december, remember: provocative design and exacting precision come together in one powerful package at the lexus december to rememb
many people saying how much of a genuine person that they felt paul walker was. one man behind me talking about their favorite cars. this memorial keeps continuing to grow, fred. >> it does in deed. >> sorry missed there. >> thank you. >> all right coming up. newly wed couple charged in a brutal murder. they plotted and killed the man just for the thrill of it? >> we uncover the deadly scheme. [ male announcer ] this store knows how to handle a saturday crowd. ♪...
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Dec 10, 2013
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if you've had a heart attack, be sure to talk to your doctor [kevin] paul and i have been [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. [paul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit card, boom, all the accounts update. [paul] when we started hiring,we turned on payroll. [kevin] it's like our pizza.you add the toppings you want, leave off the ones you don't. [kevin] now business is in really great s [announcer] start using intuit quickbooks for free at quickbooks-dot-com. these are the hands a pediatrician. these are pioneering advances in heart surgery. and these are developing groundbreaking treatments for cancer. they're the hands of the nation's top doctors. kaiser permanente doctors. and though they are all different, they work together on a single mission: saving
if you've had a heart attack, be sure to talk to your doctor [kevin] paul and i have been [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. [paul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie...
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Dec 6, 2013
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paul clinton called him mandiba as well. >> something that struck me, if he truly wants to know who he is or his character was to hear him speak, you get a real sense of who he was came out. he was so tried to his traditional rural roots. he was a complex man, a deep man. we will continue our continuing cover annual of his passing when we come back. stay with us here on cnn. as . >> it's just after 9:30 in the morning in johannesburg. this is the scene there in the market suburb of johannesburg. we have been watching this the last few hours ever since news broke mandela had died, people have been gathering outside his home there. of course, as the day goes on and word spread, we are expecting the crowds to grow as many decide they want to pay their respects in their own way. you can see some people dancing there. they have been sing, chanting. others are laying flowers as well as other tributes. as a mark of respect to a man who has been seen widely as the father. >> they indeed refer him to the word for father, it's more than just a term of endearment, this is how people feel of him,
paul clinton called him mandiba as well. >> something that struck me, if he truly wants to know who he is or his character was to hear him speak, you get a real sense of who he was came out. he was so tried to his traditional rural roots. he was a complex man, a deep man. we will continue our continuing cover annual of his passing when we come back. stay with us here on cnn. as . >> it's just after 9:30 in the morning in johannesburg. this is the scene there in the market suburb of...
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Dec 8, 2013
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tell us quickly, what did paul walker mean to you. why would you drive this far to pay tribute to you? >> he was great for racing. i have a mitsubishi as fast and the furious 2, and for me to get that car was a huge inspiration. >> what about yourself? >> growing up with him and seeing the movies and racing and all, it's a thrill, un, watching him act and doing what he does and, you know, we're going miss him dearly. >> reporter: a lot of fans choked up. >> you brought a license plate. >> and we all -- our crew, right here, we all signed it. az love, you will be remembered and missed to paul and roger. >> a lot of love from the valley of the sun coming out to represent and show that we also have love out there. we also support what's going on here. not only we came, but we love paul and people from texas came down and we met up with them and we all got here and it just really inspired us, not only me, but look, everybody. yeah. it touched our hearts when we heard the news that he actually passed away, we just couldn't believe it. we h
tell us quickly, what did paul walker mean to you. why would you drive this far to pay tribute to you? >> he was great for racing. i have a mitsubishi as fast and the furious 2, and for me to get that car was a huge inspiration. >> what about yourself? >> growing up with him and seeing the movies and racing and all, it's a thrill, un, watching him act and doing what he does and, you know, we're going miss him dearly. >> reporter: a lot of fans choked up. >> you...